North Africa's energy powerhouse, Algeria, is stepping up efforts to boost oil and gas production while attracting fresh international investment. The country has officially launched its Algeria Bid Round 2026, offering seven exploration blocks as part of a broader strategy to strengthen its position in global energy markets and support long-term energy security. Algeria's Ambassador to South Africa, H.E. Ambassador Ali Achoui, says the move also reflects ongoing reforms to improve the investment climate, alongside a parallel push into renewable energy, including solar and hydrogen. Channel Africas Economics reporter innocent Semosa has more

<p>North Africa's energy powerhouse, Algeria, is stepping up efforts to boost oil and gas production while attracting fresh international investment. The country has officially launched its Algeria Bid Round 2026, offering seven exploration blocks as part of a broader strategy to strengthen its position in global energy markets and support long-term energy security. Algeria's Ambassador to South Africa, H.E. Ambassador Ali Achoui, says the move also reflects ongoing reforms to improve the investment climate, alongside a parallel push into renewable energy, including solar and hydrogen. Channel Africas Economics reporter innocent Semosa has more</p>

In-depth financial issues, profiling of African businesses doing well internationally, stocks & market updates.

<p>In-depth financial issues, profiling of African businesses doing well internationally, stocks &amp; market updates.</p>